Cannonpointer » 18 Feb 2014 6:12 pm » wrote:
It means you mistake opinions for data, retard.
DATA does not use phrases like "miserable conditions" - ultimately a MEANINGLESS PHRASE. More miserable than pneumonia? Somalia? Salmonella? Cruella?
Oh, so you have no idea what the conditions were. Thanks for admitting that.
Inflation that peaked at roughly 12%.
A recession Carter's last year in office.
A Prime Rate that exceeded 20%.
Plummeting incomes his last couple years in office.
A rising Misery Index, that fell under Reagan.
The Misery Index is an economic indicator, created by economist Arthur Okun, and found by adding the unemployment rate to the inflation rate. It is assumed that both a higher rate of unemployment and a worsening of inflation create economic and social costs for a country.
Jimmy Carter
+7.00
Ronald Reagan
-9.61
http://en.wikipedia.org/wiki/Misery_ind ... onomics%29